Sebi’s new risk-o-meter for mutual funds is a useful tool but investors need to understand it first

The old risk meter had five risk levels which were based on the category of the mutual fund. The new risk meter is based on the actual portfolio of the scheme. Further, the new risk meter helps an investor to analyse the scheme on the basis of two things.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/sebis-new-risk-o-meter-for-mutual-funds-is-a-useful-tool-but-investors-need-to-understand-it-first/articleshow/80893207.cms